Viavi Solutions Inc. (VIAV): Paul Mcnab , EVP, Chief Mktg & Stgy Officer of Viavi Solutions Inc. sold 62,131 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $6.69 per share for a total value of $415,470.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 24, 2016, Susan Louise Spradley (SVP General Manager NSE) sold 6,403 shares at $6.35 per share price.On May 24, 2016, Kevin Christopher Siebert (VP General Counsel & Secretary) sold 1,224 shares at $6.35 per share price.Also, On May 24, 2016, Luke M Scrivanich (SVP General Manager OSP) sold 5,067 shares at $6.34 per share price.On May 24, 2016, Ralph Rondinone (SVP Global Operations NSE) sold 4,685 shares at $6.35 per share price.
Viavi Solutions Inc formerly JDS Uniphase Corporation is a provider of network and service enablement solutions and optical products for telecommunications service providers wireless operators cable operators network-equipment manufacturers (NEMs) and enterprises. The Company operates in three business segments: Network and Service Enablement (NSE) Communications and Commercial Optical Products (CCOP) and Optical Security and Performance Products (OSP). The NSE business provides network and service enablement solutions which enable the design development deployment and maintenance of communication equipment and networks. The CCOP business segment provides optical communications products used by NEMs for telecommunications and enterprise data center communications. The OSP segment provides optical security and performance products targeted to customers in the anti-counterfeiting consumer electronics government healthcare and other markets.